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(NITINSPIN) Nitin Spinners complete technical analysis [charts+indicators] | Buy/Sell Nitin Spinners | (NITINSPIN) share price targets

Complete technical analysis of Nitin Spinners (NITINSPIN) by charts plus indicators, forecast predictions and share price targets for Nitin Spinners (NITINSPIN)

Nitin Spinners trades in NSE in Textiles sector.

10 day averaged volume of Nitin Spinners is 101623

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 324.85 331.00 335.55 323.30 0.831 times
27 Wed Mar 2024 328.75 321.50 340.20 321.30 1.048 times
26 Tue Mar 2024 325.95 340.40 342.95 321.10 1.143 times
22 Fri Mar 2024 340.40 336.00 342.00 335.20 0.56 times
21 Thu Mar 2024 337.60 346.60 350.35 337.05 0.711 times
20 Wed Mar 2024 344.65 332.70 346.35 331.10 0.646 times
19 Tue Mar 2024 335.40 336.85 339.00 331.05 0.672 times
18 Mon Mar 2024 335.20 330.65 337.60 318.00 0.874 times
15 Fri Mar 2024 329.00 326.00 332.50 324.05 0.985 times
14 Thu Mar 2024 327.40 304.55 330.60 301.00 1.549 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 324.1 as stoploss in an intra day buy trade for a target of 337.06. However, stock will show a bearish move below 324.1.

Share price targets for Nitin Spinners (NITINSPIN)

Target Type Value
Downside Target 275.95
Downside Target 300.00
Downside Target 313.05
Upside Target 330.60
Upside Target 342.95
Upside Target 359.60
Upside Target 365.70
Upside Target 366.75
Upside Target 368.65
Upside Target 369.95
Upside Target 381.05
Upside Target 394.60

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type Value
Downside Intraday Target 316.32
Downside Intraday Target 307.78
Upside Intraday Target 338.17
Upside Intraday Target 351.48
Upside Intraday Target 329.63

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 324.85 340.40 342.95 321.10 0.873 times
22 Fri Mar 2024 340.40 330.65 350.35 318.00 0.514 times
15 Fri Mar 2024 329.00 345.65 346.20 300.00 1.543 times
07 Thu Mar 2024 344.00 359.45 359.60 330.60 0.828 times
02 Sat Mar 2024 358.20 366.00 381.05 347.20 0.773 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nitin Spinners (NITINSPIN)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 324.85 358.50 366.75 300.00 0.472 times
29 Thu Feb 2024 354.50 363.15 394.60 334.30 0.89 times
31 Wed Jan 2024 361.80 324.95 368.65 313.05 1.292 times
29 Fri Dec 2023 323.25 360.15 369.95 317.20 0.381 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nitin Spinners (NITINSPIN)

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nitin Spinners stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Nitin Spinners in short term and the sell signal is strong.

Nitin Spinners Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nitin Spinners in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nitin Spinners is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 331.51 and Nitin Spinners (NITINSPIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Nitin Spinners (NITINSPIN) stock. Volume based technical analysis of Nitin Spinners (NITINSPIN) stock is negative.

Nitin Spinners Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nitin Spinners stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Nitin Spinners in short term and the sell signal is strong.

Nitin Spinners Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nitin Spinners in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nitin Spinners is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 331.51 and Nitin Spinners (NITINSPIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Nitin Spinners (NITINSPIN) stock. Volume based technical analysis of Nitin Spinners (NITINSPIN) stock is negative.

Nitin Spinners Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Nitin Spinners charts

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Daily charts

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